Drawing on two decades covering global development as the founding President & Editor-in-Chief of Devex, Raj Kumar explores how nontraditional models of philanthropy and aid are empowering the world's poorest people to make progress.
Old aid was driven by good intentions and relied on big-budget projects from a few government aid agencies, like the World Bank and USAID. Today, corporations, Silicon Valley start-ups, and billionaire philanthropists are a disrupting force pushing global aid to be data driven and results oriented. This $200 billion industry includes emerging and established foundations like the Chan Zuckerberg Initiative and the Bill and Melinda Gates Foundation. Entrepreneurial startups like Hello Tractor, which offers an Uber-like app for farmers in Nigeria, and Give Directly, whose app allows individuals to send money straight to the phone of someone in need, are also giving rise to this new culture of charity. The result is a more sustainable philosophy of aid that elevates the voices of the world's poor as neighbors, partners, and customers.
Raj Kumar is the founding President & Editor-in-Chief of Devex, which the Washington Post compared to a "Bloomberg-style" media platform for the aid industry.
Raj cofounded Devex as a graduate student at the Harvard Kennedy School two decades ago and today serves an audience of one million global development professionals. After a childhood partly spent in India, he has witnessed firsthand determined and courageous aid work in over fifty countries — it’s what drives the Devex mission to “Do Good. Do It Well.”
A media leader for the World Economic Forum and a life member of the Council on Foreign Relations, Kumar is a noted commentator on global development.
Follow Raj on TwitterRaj Kumar is the President and Editor-in-Chief of Devex, a World Economic Forum contributor, and the author of The Business of Changing the World.
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